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Reading: California Takes the Lead with Over a Third of U.S. Electric Vehicle Sales
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Electric Vehicle

California Takes the Lead with Over a Third of U.S. Electric Vehicle Sales

Highlights

  • California achieves 33.8% of U.S. BEV sales.

  • Tesla dominates with 60.5% market share in California.

  • State aims for 35% BEV market share by 2026.

NEWSLINKER
Last updated: 6 February, 2024 - 5:08 am 5:08 am
NEWSLINKER 1 year ago
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California has emerged as a trailblazer in the electric vehicle (EV) market, accounting for more than one-third of battery-electric vehicle (BEV) sales in the United States last year. This trend positions the state at the forefront of the shift towards clean transportation, ahead of its ambitious goal to eliminate new gas car sales by 2035.

Contents
BEV Sales Soar in the Golden StateAutomotive Brands Compete in the Evolving Market

BEV Sales Soar in the Golden State

According to data from the California New Car Dealers Association, leveraging Experian statistics, BEVs represented 33.8% of the nation’s total BEV purchases in 2023. This striking figure underscores California’s commitment to sustainable transport, with BEVs making up 21.4% of the state’s market share, significantly outpacing the national average of 7.5%. Despite these advances, internal combustion engine vehicles maintained a majority but saw a decline to 63.9% of California’s new vehicle market.

Automotive Brands Compete in the Evolving Market

In the competitive landscape of auto sales, Toyota and Tesla garnered the highest overall market shares in California, at 15.7% and 13% respectively. Tesla stands out as the only brand exclusively selling BEVs among the top fifteen, indicating a robust consumer preference for sustainable options.

The BEV segment witnessed a remarkable 46.1% surge in California, with Tesla leading the pack. The electric automotive pioneer registered 230,588 vehicles in the state, grabbing a 60.5% share of the BEV market and illustrating a sizeable yearly growth. Tesla’s Model Y and Model 3 were the most popular choices among consumers, with other models from Chevrolet, Jeep, and Volkswagen rounding out the top five BEV and PHEV sales.

The CNCDA’s report extends beyond sales data, forecasting that the U.S. will likely mirror California’s EV adoption rate. However, there’s industry concern about the potential slowdown in BEV demand as buyers await more affordable models expected in 2025 and onwards. Meanwhile, California’s legislative measures to ban gas car sales by 2035, aiming for a 35% BEV market share by 2026, indicate a clear path towards a greener future for mobility.

The comprehensive report from CNCDA highlights the significant role California plays in influencing the nation’s vehicle electrification efforts, with the state already outpacing expectations and setting robust targets for EV adoption.

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